Entrepreneur’s Quitting, Perseverance and Sunk Cost

Entrepreneur’s Quitting, Perseverance and Sunk Cost

When you get into the world of entrepreneurship you are constantly bombarded with stories of amazing tenacity and never-say-die spirit that carry people to success. Everyone will tell you that there is no get-rich-quick and most overnight successes are normally ten years in the making.  The good news is this can really help sustain you…

Your Business is Capacity Constrained – How to Fix It

Your Business is Capacity Constrained – How to Fix It

Most businesses can’t grow, or can’t grow as fast as they want, because of some capacity constraint. Simply put, they lack enough of an important resource their business needs to be able to generate more sales.  Here are a few examples:  In each case, the business is losing out on revenue because they can only…